County to provide $1,000 payments to residents hit hardest while long-term reform efforts continue.
Cook County, IL—(ENEWSPF)—The Cook County Board of Commissioners approved a resolution establishing the eligibility criteria for the Cook County Homeowner Relief Fund. This is a $15 million relief program. It is designed to assist homeowners who have experienced a substantial increase in their property tax bills.
This program will provide immediate relief to residents. Cook County will continue to pursue long-term property tax reform efforts at the state and local levels. The Property Tax Reform Group (PTAX) is leading these broader efforts. These include the separately elected offices that make up the property tax system. The County recognizes the need to identify and advance system-wide reforms.
$15M Relief Includes $1,000 Payments to Eligible Households
The Homeowner Relief Fund will provide one-time payments of $1,000 to eligible households. The application is expected to open this summer, with the payments issued shortly after. The Cook County Bureau of Economic Development will oversee the $15M relief program…